§70-3980.8. Transfer and interest exempt from taxation.
78 words·~1 min read·
/ok/title-70-schools/70-3980-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The obligations issued pursuant to this act by an authorized issuer, the transfer thereof and the interest earned on such obligations, including any profit derived from the sale thereof, shall not be subject to taxation of any kind by the State of Oklahoma, or by any county, municipality or political subdivision therein. Added by Laws 2005, c. 2, § 8, emerg. eff. March 31, 2005. Amended by Laws 2005, c. 218, § 9, emerg. eff. May 24, 2005.